Valued at a market cap of $68.6 billion, TransDigm Group Incorporated (TDG) designs, produces, and supplies aircraft components. The Cleveland, Ohio-based company’s vast product portfolio includes mechanical and electromechanical actuators, ignition systems, specialized pumps, valves, cockpit security displays, and seatbelts.
This aerospace and defense company has considerably underperformed the broader market over the past 52 weeks. Shares of TDG have declined 14.6% over this time frame, while the broader S&P 500 Index ($SPX) has soared 26.8%. Moreover, on a YTD basis, the stock is down 6.6%, compared to SPX’s 9.7% rise.